PROSHARES ULTRAPRO QQQ (TQQQ)
US74347X8314 - ETF
Overall TQQQ gets a technical rating of 3 out of 10. Although TQQQ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, TQQQ did better than 92% of all other stocks.
TQQQ is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TQQQ is performing more or less in line with the market.
TQQQ has an average volume of 73461200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month TQQQ has a been trading in the 48.85 - 63.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of TQQQ is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
39.37
63.76
We found 2 important support areas.
- A support zone ranging from 49.47 to 49.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @63.13 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.97
Mansfield0.82
10 Day High62.06
10 Day Low48.85
20 Day High63.01
20 Day Low48.85
52 Week High64.13
52 Week Low26.28
Performance
1 Week-4.64%
2 Weeks-12.11%
1 Month-14.2%
3 Month-4.06%
6 Month69.94%
12 Month88.28%
2 Year45.61%
3 Year-1.19%
5 Year221.93%
10 Year2020.53%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.93
RSI(14)40.46
LBB48.94
UBB63.78
PROSHARES ULTRAPRO QQQ
NASDAQ:TQQQ (4/24/2024, 8:39:10 AM)
54.67
+1.48 (+2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.78%
1 Week-4.64%
2 Weeks-12.11%
1 Month-14.2%
3 Month-4.06%
6 Month69.94%
12 Month88.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.99
ATR(20)%5.01%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.06
10 Day Low48.85
20 Day High63.01
20 Day Low48.85
52 Week High64.13
52 Week Low26.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume9.33M
Volume Incr35.34%
Vol(5)88.91M
Vol(50)73.46M